Best Buy's Q3 Earnings Miss Estimates, Comparable Sales Dip 2.9% Y/Y [Yahoo! Finance]
Best Buy Co., Inc. (BBY)
Last best buy co., inc. earnings: 2/27 07:00 am
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US:NYSE Investor Relations:
investors.bestbuy.com/investor-relations/overview/default.aspx
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Source: Yahoo! Finance
Both the top and bottom lines also declined year over year. Best Buy stock lost 2.6% on Nov. 26, due to soft quarterly results and the lowered view for the fiscal year. However, the company maintained its adjusted operating margin view. Over the past six months, this Zacks Rank #2 (Buy) company has gained 32.7% compared with the industry's 23% growth. Adjusted earnings of $1.26 per share lagged the Zacks Consensus Estimate of $1.30. The bottom line fell 2.3% from $1.29 per share in the year-ago period. Enterprise revenues dipped 3.2% from the prior-year quarter's level of $9,445 million. The figure missed the consensus estimate of $9,631 million. Enterprise comparable sales dropped 2.9% year over year. We had expected enterprise comparable sales to fall 1%. Best Buy Co., Inc. price-consensus-eps-surprise-chart | Best Buy Co., Inc. Quote Gross profit dropped slightly year over year to $2.22 billion while the gross margin expanded 60 basis points (bps) to 23.5%. We had proje
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BBY
News
- Analysts put 3 portfolio stocks on their buy lists. Cramer gives his thoughts on each [MSNBC.com]MSNBC.com
- Best Buy Co., Inc. (NYSE: BBY) had its "buy" rating re-affirmed by analysts at Loop Capital. They now have a $100.00 price target on the stock.MarketBeat
- Best Buy Ads Canada Partners with Rokt to Deliver Highly Relevant Customer Experiences for the Holidays and Beyond [Yahoo! Finance]Yahoo! Finance
- Best Buy Ads Canada Partners with Rokt to Deliver Highly Relevant Customer Experiences for the Holidays and Beyond [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Best Buy Ads Canada Partners with Rokt to Deliver Highly Relevant Customer Experiences for the Holidays and BeyondPR Newswire
BBY
Earnings
- 11/26/24 - Miss
BBY
Sec Filings
- 12/20/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- BBY's page on the SEC website